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Strategies & Market Trends : Befriend the Trend Trading -- Ignore unavailable to you. Want to Upgrade?


To: Bald Eagle who wrote (24490)3/21/2002 3:41:06 PM
From: sean sanders  Respond to of 39683
 
I'm in IBM right now; I'm down a little bit; I drew my lines wrong on the chart and didnt see what was going on.

geocities.com
(click location bar then hit enter to view chart)

picture taken 1-2 days ago
here is where I drew it wrong look at the left shoulder on my chart; instead of the trendline coming off the bottom of the candle drop it down to the bottom of the wick ie on that high volume day. Then extend it up; the recent price action we had in the past 2 days concurs with this ... well at least so far. So at first I thought we didnt stay in the triangle but then after 'rubbing' my eyes and 'correctly' drawing the trendline we seem to still be in there.

glad to see EMC coming back for you

Sean